JunHe Assists Winona to List on m88 bonus Shenzhen Stock Exchange’s Growth Enterprise Market

2021.03.25

On March 25, 2021, Botanee Group ("Botanee" or "m88 bonus company") was listed on m88 bonus Growth Enterprise Market of m88 bonus Shenzhen Stock Exchange, stock code: 300957. Botanee issued 63.6 million A-share new shares at a price of RMB47.33 per share, raising RMB 3.01 billion. JunHe acted as legal counsel for m88 bonus company. On m88 bonus first day of listing, Botanee opened 272% higher, at a share price temporarily of RMB 176.11. This exceeded m88 bonus average value of m88 bonus positioning range of securities companies, with a total market value of nearly RMB 75 billion.


Botanee is a professional cosmetics manufacturer with m88 bonus "Winona" brand as its core. Winona focuses on m88 bonus application of natural plant active ingredients and provides mild and professional skin care products, focusing on sensitive skin. It has online integrated sales channels and has established m88 bonus industry benchmark for sensitive skin products. With high product quality products and driven by m88 bonus increased consumption of domestic products, Dr. Guo Zhenyu has led m88 bonus Botanee team in its successful position in m88 bonus cosmetics industry. In 2018 and 2019, Botanee enjoyed excellent online sales. Winona’s official flagship store ranked ninth in m88 bonus Tmall’s sales volume on Alibaba’s Singles Day in m88 bonus main categories of skin care / body / essential oils. It ranked third and fourth overall in in Chinese domestic products. From 2018 to 2020, Winona won m88 bonus Tmall gold makeup award for three consecutive years. In 2019, Winona was ranked as "No.1 in m88 bonus sensitive skin care category" by m88 bonus industry authoritative magazine "Cosmetics Magazine". According to Euromonitor’s statistics, Winona ranked No.1 in m88 bonus domestic skin care market in 2019.


JunHe acted as m88 bonus lawyer for m88 bonus issuer of this project, providing whole-process legal services. JunHe’s team assisted m88 bonus company in sorting out key legal issues in m88 bonus complete restructuring and establishment of m88 bonus joint-stock company. It provided pre-listing guidance and applications for listing and replied to feedback from m88 bonus Shenzhen Stock Exchange and m88 bonus China Securities Regulatory Commission.


Coinciding with m88 bonus reform of m88 bonus registration system on m88 bonus growth enterprise market, JunHe’s team assisted m88 bonus company in making m88 bonusir application as soon as possible after m88 bonus formal implementation of m88 bonus registration system of m88 bonus Growth Enterprise Market. This makes Botanee m88 bonus first company to make an application and go public since m88 bonus implementation of m88 bonus registration system of m88 bonus Growth Enterprise Market.


JunHe’s team assisted m88 bonus company in making efficient replies to m88 bonus Shenzhen Stock Exchange and m88 bonus China Securities Regulatory Commission. At m88 bonus time of submitting to m88 bonus CSRC for registration, m88 bonus CSRC issued new rules requiring IPO projects to conduct comprehensive inspection of m88 bonus shareholders of m88 bonus issuers. During m88 bonus busy Spring Festival vacation, m88 bonus project team overcame many difficulties to obtain shareholders information and reviewed m88 bonus information of hundreds of entities within a very short timeframe. JunHe’s team summarized and sorted out nearly 50,000 word verification reports, and successfully passed m88 bonus audit. m88 bonus JunHe team has been unanimously praised by m88 bonus company and om88 bonusr intermediaries for its efficient, rigorous and steady working style, as well as its meticulous and professional service attitude.


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